This chemical is primarily used in the development of organic light-emitting diodes (OLEDs) due to its excellent luminescent properties. It serves as a key component in the emissive layer, enhancing device efficiency and brightness. Additionally, it is utilized in the fabrication of advanced optoelectronic devices, such as sensors and displays, owing to its stable and high-performance characteristics. Its ability to form thin films makes it suitable for creating flexible and lightweight electronic components.